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Manitowoc Awarded Tank Barge Contract

Maritime Activity Reports, Inc.

November 23, 2005

The Manitowoc Company announced that its Bay Shipbuilding subsidiary has been awarded a new construction contract from Harley Marine Services, Inc. to build an ocean-class, double-hull, hot oil tank barge. The 80,000-barrel capacity barge, which is scheduled for delivery in the fourth quarter of 2006, will measure 369 ft. in length, 78 ft. in width, and 33 ft. in molded depth. The Harley contract also includes an option for a second identical vessel. Other contract terms were not disclosed. The Harley barge is the tenth double-hull tank barge built by the Manitowoc Marine Group. The vessel features a flush deck design and is equipped with an onboard heating system to maintain consistent cargo temperatures of 160 degrees F. It will also be ABS, U.S. Coast Guard, and OPA- 90 compliant.

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